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Company Press Release
SOURCE: Intergold Corporation
Intergold Corporation Announces Assay Results on Its Fourth 500 Foot Drill Core
NEWPORT BEACH, Calif., Nov. 20 /PRNewswire/ -- On behalf of the Board of Directors, Intergold Corporation (OTC Bulletin Board: IGCO - news; ''the Company'') announces assay results of the fourth of nine current drill cores with respect to their drilling program on the Blackhawk property 38 miles north of Twin Falls in the State of Idaho. Fire Assay tests were conducted by Auric Metallurgical Laboratories and the following test results are from core hole 98C-16. The complete depths to 500 feet are shown.
Fire Assay Results From Core Drill Hole # 98C-16 (fourth hole tested)
Sample ID Gold (Tr. Oz./ton) Silver (Tr. Oz./ton) 98C-16 (10' to 15') 0.102 0.250 98C-16 (20' to 25') 0.076 0.186 98C-16 (45' to 50') 0.084 0.222 98C-16 (95' to 100') 0.102 0.250 98C-16 (145' to 150') 0.078 0.196 98C-16 (195' to 200') 0.088 0.206 98C-16 (245' to 250') 0.066 0.208 98C-16 (295' to 300') 0.078 0.208 98C-16 (345' to 350') 0.100 0.172 98C-16 (395' to 400') 0.102 0.202 98C-16 (445' to 450') 0.098 0.186 98C-16 (495' to 500') 0.106 0.202
As previously advised in the Company's November 12, 1998 press release, drill core results on large vertical intervals as shown above are scheduled to be provided for all of the first nine holes drilled. Fire assays for each hole at five-foot intervals will be provided after larger interval testing of all nine holes is complete. The assay information provided to date encompasses four of nine drill cores. The average grade obtained from the four holes, each to a depth of 500 feet that form part of the current drilling project are as follows (note that hole numbering is not in sequential order):
Average of Fire Assay Values Obtained by Hole -- Current Drilling Program
Drill Hole Number Gold (Tr. Oz./ton) Silver (Tr. Oz./ton) 98C-27 (0' to 500') 0.090 0.188 98C-25 (0' to 500') 0.084 0.068 98C-14 (0' to 500') 0.097 0.206 98C-16 (10' to 500') 0.090 0.207 Total Average over 2,000 feet 0.0903 0.206
Through the Company's subsidiary, ''International Gold Corporation'' the Intergold Corporation is exploring a large mineralized prospect in the State of Idaho - the Blackhawk I Gold Project, which is comprised of 321 contiguous unpatented lode mining claims in Lincoln County, Idaho.
SAFE HARBOR STATEMENT
Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, commodity prices of precious metals and actual results differing materially from projections because of geological factors, operation factors, government regulations or factors relied upon from independent sources, may either negatively or positively impact exploration or mining operations. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in the future periods to differ materially from forecasted results. The Company assumes no obligation to update the information in this release.
SOURCE: Intergold Corporation
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